Selvera secured approximately $1 million in a round led by Stonehenge Growth Equity Innovate NY Fund, with other new and existing investors also participating.
The company — which was built by a team of physicians, psychiatrists and registered dietitians — has a different vision in how to approach individuals to lose weight and keep it off for good by focusing on development of healthy living habits. With its unique combination of counseling, technology, and meals delivered right to one’s door, the program is designed to speed up and simplify weight loss, helping user learn to live healthy for life. Results of that philosophy are that over 90% of clients are losing weight and keeping it off.
“We are thrilled to welcome Stonehenge to the Selvera team,” said Andrew Zengilowski, CEO of Selvera. “Their support, coupled with additional investment from our other new and existing investors, will enable Selvera to improve both the delivery and user experience of the program, as well as expand our consumer client base to help more people achieve and maintain a healthy weight.”
Selvera was first introduced in 2013 and is currently available throughout the U.S. and Canada at Selvera.com.